Securitization

The use eminent domain to seize underwater mortgages out of RMBS trusts would spell trouble for bondholders; but lcities may turn to other options to help homeowners.

Highbridge Principal Strategies is marketing a $378.5 actively-managed collateralized loan obligation

The government-sponsored enterprises’ risk sharing bonds treatment under Basel III international accounting standards will ultimately affect bank investors’ appetite for them, according to Fitch Ratings.

Apollo Credit Management is planning two actively-managed collateralized loan obligations. One for $775 Million dubbed ALM VII(R), and the other for $843.85 million dubbed ALM VII(R)-2, according to Standard and Poor's presale reports.

MassMutual Asset Finance plans to issue a $732.9 million equipment loan and lease ABS.

Sallie Mae is marketing a $747 million of securitization of government guaranteed student loans.

It is Enterprise's six fleet securitization. The notes are backed by vehicle fleet leases orginated the company.

Hyundai Capital America plans to issue a $786.18 million auto lease securitization deal.

View the year-to-date manager rankings through Aug. 30 for the different ABS sectors, including real estate, credit cards and autos.

Bank of America said regulators may bring civil claims on securitizations backed by jumbo mortgages and collateralized mortgage obligations.

said that its CMBS ratings stack up to the competition's.

The single tranche of A notes priced at 160 basis points of interpolated swaps. This was the low end of guidance.

Spreads on new issue CMBS currently marketing continued to tighten this week but levels remain well off those reached earlier this year.

United Airlines priced its $929.4 million aircraft EETC deal.

European CLO issuance this year has already exceeded the majority of observers' expectations, the agency said.

The U.S. market for collateralized loan obligations would shrink by 75% if proposed risk-retention rules are implemented, according to the Loan Syndication and Trading Association.

Regulators nixed request for leniency in accounting treatment of private student loan workouts.

The markets we have today are set up to invest in government-guaranteed mortgage-backed securities. To remove the guarantee without crippling damage would take decades.

The Corker-Warner bill and House GOP bill both understand that the fundamental GSE model is insidious and needs to be definitively terminated.

Rating Agencies Spar over Geographic Concentration in RMBS; New York's MTA Issues First Storm Surge Cat Bond;EETCs Priced Amid Market Uncertainty